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India Considers Late Trading In Agricultural Commodities – Regulator

Because the $135.00 strike represents an approximate 1% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 57%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract . Should the contract expire worthless, the premium would represent a 7.78% return on the cash commitment, or 12.03% annualized at Stock Options Channel we call this the YieldBoost. Source: http://www.forbes.com/sites/stockoptionschannel/2013/09/23/act-may-2014-options-begin-trading/

According to the report, the bank told investors that there was a worse-than-expected slowdown in markets businesses over the summer. The FT said that some investors believe Citigroup’s revenue will fall over 10 percent. Citigroup declined to comment on the report. The company is due to announce its third-quarter earnings on October 15. In the second quarter, Citigroup posted a 42-percent jump in profit as bond trading revenue gained and stronger home prices helped the bad mortgages on its books. Source: http://www.reuters.com/article/2013/09/22/us-citi-trading-idUSBRE98L0IQ20130922

Credit: Reuters/Amit Dave MUMBAI | Sun Sep 22, 2013 2:22pm IST MUMBAI (Reuters) – India is considering late-evening trading in commodities such as sugar and soybeans to increase market participation, Ramesh Abhishek, chairman of the Forward Markets Commission (FMC), told reporters on Sunday. Late trading is currently allowed only in metals and energy products, where prices follow global markets. In agriculture commodities, futures trading currently takes place between 10 a.m. and 5 p.m. “We are discussing with exchanges and other trade participants how we can start late-evening trading in agriculture commodities as some spot markets remain open till 8 p.m.,” Abhishek told reporters on the sidelines of a conference. The National Commodity and Derivatives Exchange, the biggest platform for futures trade in agriculture commodities, has already sought approval of the FMC to start late trading in some commodities. Source: http://in.reuters.com/article/2013/09/22/futures-trading-agricultural-commodities-idINDEE98L03P20130922

With the sale of these additional shares, the total number of shares sold in the offering will be 13,800,000, and total gross proceeds from the offering will be approximately $63.5 million. Jefferies LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering, and DVB Capital Markets LLC and DnB Markets, Inc. are acting as co-managers for the offering. The common stock was offered pursuant to a shelf registration statement that was previously filed with and declared effective by the U.S. Securities and Exchange Commission (the “SEC”). The offering was made only by means of a prospectus supplement and an accompanying prospectus. Copies of the prospectus supplement and accompanying prospectus were filed with the SEC and are available on the SEC’s website, http://www.sec.gov . Source: http://finance.yahoo.com/news/baltic-trading-limited-announces-exercise-123800234.html